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LSEG Advances Share Buyback Program with Recent Share Acquisition

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LSEG Advances Share Buyback Program with Recent Share Acquisition

London Stock Exchange ( (GB:LSEG) ) has issued an update.

London Stock Exchange Group PLC announced the purchase of 59,908 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Morgan Stanley & Co. International Plc, is part of LSEG’s strategy to manage its capital structure effectively. The purchased shares will be held in treasury, and the total voting rights in the company remain unchanged at 530,441,447. This move is expected to enhance shareholder value and reflects LSEG’s commitment to returning capital to its shareholders.

More about London Stock Exchange

London Stock Exchange Group PLC (LSEG) operates within the financial services industry, primarily focusing on providing trading platforms, clearing services, and market data solutions. It is a key player in the global financial market infrastructure, facilitating capital flows and offering essential services to financial institutions and investors worldwide.

YTD Price Performance: -0.53%

Average Trading Volume: 1,188,245

Technical Sentiment Signal: Sell

Current Market Cap: £59.21B

See more data about LSEG stock on TipRanks’ Stock Analysis page.

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